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Editorial Advisory Board

  • Professor Andrea M. Armani, University of Southern California
  • Ruti Ben-Shlomi, Ph.D., LightSolver
  • James Butler, Ph.D., Hamamatsu
  • Natalie Fardian-Melamed, Ph.D., Columbia University
  • Justin Sigley, Ph.D., AmeriCOM
  • Professor Birgit Stiller, Max Planck Institute for the Science of Light, and Leibniz University of Hannover
  • Professor Stephen Sweeney, University of Glasgow
  • Mohan Wang, Ph.D., University of Oxford
  • Professor Xuchen Wang, Harbin Engineering University
  • Professor Stefan Witte, Delft University of Technology

InvestorNewsBreaks – Revelation Biosciences Inc. (NASDAQ: REVB) Closes $7.8M PIPE Offering

Revelation Biosciences (NASDAQ: REVB), a clinical-stage life sciences company focused on the development of immunologic based therapies for the prevention and treatment of disease, announced its entry into a definitive agreement with a leading health care-focused institutional investor. Under the agreement, the company agreed to sell 1,293,126 shares of common stock, each at a gross purchase price of $3.00. Revelation additionally agreed to issue to the investor unregistered warrants to purchase up to 2,586,667 shares (the “common warrants”), as well as unregistered pre-funded warrants to purchase up to 1,293,541 shares (the “pre-funded warrants” and together with the common warrants, the “warrants”) in a concurrent private placement. The common warrants, with an exercise price of $3.29 per share, will become exercisable in six months after their date of issuance and will expire five and a half years from their date of issuance. The pre-funded warrants have been funded to the amount of $3.00 with $0.0001 payable on exercise. Roth Capital Partners acted as sole placement agent for the offering, which closed on Jan. 25, 2022.

To view the full press release, visit https://ibn.fm/uROIE

About Revelation Biosciences Inc.

Revelation Biosciences is a clinical-stage life sciences company focused on the development of immunologic-based therapies for the prevention and treatment of disease. Revelation has several product candidates in development. REVTx-99a, the lead therapeutic candidate, is an intranasal immunomodulator to prevent or treat infections caused by various respiratory viruses such as SARS-CoV-2, including its variants, influenza A and B, parainfluenza, rhinovirus, and RSV. REVTx-99b is being developed for other indications such as: allergic rhinitis and chronic nasal congestion. REVTx-200 is an intranasal immunomodulator adjunct to be used in combination with an intramuscular vaccination for more complete immunity. REVTx-200 is based on the same technology used in REVTx-99. In addition to Revelation’s therapeutic pipeline, Revelation is also developing REVDx-501, a rapid home use diagnostic that can be used to detect any respiratory viral infection, regardless of virus type or strain, without the need for specialized instrumentation. For more information, please visit www.RevBiosciences.com.

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